Pandora released its Q2 earnings on Monday, topping Wall Street's revenue target and sending shares soaring 7% in after hours trading.
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Pandora topped Q2 revenue targets and its stock just had a wild rebound (P)
The music streaming company's revenues hit $376.8 million, above analyst estimates of $368.87 million.
The stock move was a rebound from a sell off earlier in the day that sent Pandora shares down 5% in regular trading, after the company announced it would shut down its services in
Here's what it reported:
- Earnings per share (non-GAAP)
- Revenues (GAAP)
- $376.8 million
- $343 million in revenues.
- Net losses (GAAP)
- $68.9 million,
- Ad revenues
- Ticketing service revenues
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